Daily Active Addresses

An address is an identifier derived from a cryptographic key or a contract deployment. Counting the distinct addresses that appear in a day is the cheapest available proxy for how many participants touched the chain. It is a count of identifiers, not of accounts, wallets, or people, and nothing in the protocol links an address to an individual.

Como é calculado

count of distinct addresses appearing as sender or recipient in confirmed transactions over the trailing 24 hours

Onde induz em erro

An active address is not a person and not a user. One individual can generate unlimited addresses at no cost, while a single exchange hot wallet can represent millions of customers behind one address, so identical user bases produce wildly different counts on a self-custody chain and on an exchange-heavy chain. Bots, spam campaigns and airdrop farming create addresses that transact once and never return, and low fees make manufacturing them cheap enough to move a chain's headline number materially. Providers differ on whether contract addresses count, whether an address must send or may merely receive, and on UTXO chains whether wallet-generated change addresses are included, so published counts for the same chain and day often disagree.

A comparação com ações, e por que ela não se aplica

Daily active users. The analogy fails because a software product authenticates an account it controls, while a blockchain observes only key material that anyone can generate in unlimited quantity and that custodians deliberately pool.

Como ler um valor alto ou baixo

A higher count means more distinct addresses interacted with the chain that day and a lower count means fewer. Any inference about the number of people involved requires evidence the metric itself cannot supply.